Lower affordability and continued inventory crunches aren’t sidelining single women home buyers, who, for the second consecutive year, account for 18 percent of all buyers, according to the National Association of REALTORS®’ 2018 Profile of Home Buyers and Sellers. Single women are the second most common buyer type behind married couples (63 percent), according to NAR’s report. Single men are the third most common buyer type, accounting f
Issues related to drone usage, imagery copyright, and mold are putting homeowner associations at increased risk of litigation, according to national insurer USI Insurance Services.Some residents have sued their condo boards for using drones to snap photos of buildings that also capture interior views of their units through the windows. Community associations may use drones to collect information on the conditions of roofs and common grounds, but
Financial experts are growing concerned by how millennials’ lack of homeownership will impact them financially when they retire."Homeownership is one of the touchstones of being prepared for retirement," Tamera Sims, a research scientist at the Stanford Center on Longevity, told CNBC. "Buying a home at age 50 or 60 isn't going to do you much good in funding a 30-year retirement."But young adults are “not able to hit the [housing] market at t
As the temperatures cool, homeowners have a lot of chores to do with their lawn to make sure it weathers well into the spring.Perfect timing is essential for fall yard care, says Missy Henriksen, vice president of public affairs for the National Association of Landscape Professionals. “For example, for many parts of the country, this fall has been warmer and wetter than usual, which has required that lawns are mowed later into the season, and m
The living room tends to be a major area for social activity in the home, and how you arrange the furniture can either encourage or hamper that.“Every piece of furniture you own might not have a perfect spot in your house, but it does have a best spot,” Myquillyn Smith, author of The Nesting Place: It Doesn’t Have to Be Perfect to Be Beautiful, told realtor.com®. Smith sees several common furniture placement mistakes that homeowners mak
The surge in off-market “pocket listings”—those held off the MLS in favor of secret channels and networks between agents or within a brokerage—is a growing issue in the real estate industry. In markets starved for inventory, real estate professionals are struggling with being kept out of these secret dealings for homes that their buyers could potentially want.In markets such as Los Angeles, for example, reports say that up to 30 percent
The technology to power driverless vehicles is already here, and greater tests of autonomous vehicles are already hitting the roadways. And as autonomous vehicles are spread around and the popularity of car-share programs rise, housing analysts are already calling on the death of the garage in residential homes.Babcock Ranch, located north of Fort Myers, Fla., is a sustainable, tech-enabled master-planned community development that is already sh
Retirees may want to head to Lancaster, Pa. The town earned the top spot in U.S. News & World Report’s list of 2019 Best Places to Retire in the U.S. Lancaster’s housing affordability and its residents' high rank for their happiness, helped it to bump Sarasota, Fla., from the number one position this year.U.S. News & World Report evaluated the country’s 100 largest metro areas to see how well they met retirees’ expectations, suc
Coliving has become a growing trend in real estate, as more renters and homeowners look for roommates to help better afford their home.In coliving buildings, tenants often lease a tiny room within a larger apartment and then share common spaces, like living rooms and kitchens, with strangers.“Coliving’s institutional moment is now upon us,” Chris Bledsoe, co-founder and chief executive of Ollie, a developer of coliving spaces.Developers are
Don’t discount the entryway with staging, even if it’s tight on space. It’s the first area that potential buyers see as they walk in the front door. It’s your chance to make them feel welcome and fall in love with the home instantly. The entryway is also a high-traffic area, so it needs to be functional, too—a ready place for muddy boots, wet umbrellas, and shoes.“Entryways set a tone for the rest of the home,” Aimee Lagos, who co-f
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